Broader market still missing in action as macro signals turn mixed: Ajay Bagga

India’s equity markets are not seeing a broad rally despite strong headline indices. Market expert Ajay Bagga highlights global pressures, domestic economic concerns, and currency fluctuations. He believes the Reserve Bank of India should cut interest rates in December to stimulate growth. Stricter motor insurance compliance could help insurers, but profitability remains a challenge due to high claims and fraud.

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